TOKYO - Nissan Motor Co Ltd., Japan's third-largest car maker, said on Tuesday domestic sales of its mainstay "March" subcompact hit a record 158,000 units in the just-ended business year.
The strong sales of the March, along with its Teana luxury sedan and Altima sedan, are expected to help Nissan register a record profit for a second consecutive year.
Nissan's Chief Executive Carlos Ghosn said last month the company would at least meet its profit targets for the 2002-2003 business year ended on March 31 and was well placed to ride out any slide in demand in the year ahead.
Nissan last November forecast a group net profit of 490 billion yen ($4 billion) for the year, a record high.
The March also has been produced in Britain since 1992 and in most European markets is sold under the name Micra.